A $48 billion debt is crushing the MTA. Paying it off could ... - Reddit
In the 80's the MTA was allowed to sell Bonds to fund a Capital Program to bring the system back to a safe reliable state. The powers that be in NYS gov't realized that they cut funding to the …
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A $48 Billion Debt Is Crushing The MTA. Paying It Off Could ... - Reddit
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In the 80's the MTA was allowed to sell Bonds to fund a Capital Program to bring the system back to a safe reliable state. The powers that be in NYS gov't realized that they cut funding to the …
reddit.com
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Gothmaist-A $48 Billion Debt Is Crushing The MTA. Paying It Off …
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New York’s Metropolitan Transportation Authority is buried under a $48 billion mountain of debt — and paying it off threatens to undermine the agency’s core function: running mass transit for …
reddit.com
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A $48 Billion Debt Is Crushing The MTA. Paying It Off Could ... - WNYC
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The MTA now owes $48 billion, and will pay more than $3 billion to lenders this year. It looks like there's an issue with JavaScript in your browser. For a better experience, we recommend that …
wnyc.org
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A $48 Billion Debt Is Crushing The MTA. Paying It Off Could Disrupt …
2 weeks from now
The MTA first took out $2.5 billion in debt in 1981 to fix the crumbling subway system. Since then, the agency has come to rely more and more on debt. The MTA now owes $48 billion, and will …
nypr.digital
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A $48 Billion Debt Is Crushing The MTA. Paying It Off Could Disrupt …
2 weeks from now
Jun 21, 2023 · "To make a long story short, we've gone from zero debt in the early 1980s to close to $48 [billion], $50 billion in long-term debt by 2023."This year, the amount the MTA will pay …
headtopics.com
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WNYC - The MTA's $48 Billion Pile Of Debt Is Nearly The... - Facebook
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The MTA's $48 billion pile of debt is nearly the same amount as Gov. Phil Murphy’s spending plan to run the entire state of New Jersey for a year This year's debt payments would be enough to …
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MTA Gets Slim Slice Of Federal Infrastructure Bill As Cars Outpace …
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Aug 15, 2021 · While the federal infrastructure money is pegged to capital improvements and not operations, it could lessen pressure on paying off the MTA’s $48 billion debt. “It puts the MTA …
thecity.nyc
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A $48 Billion Debt Is Crushing The MTA. Paying It Off Could Disrupt …
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<p>New York’s Metropolitan Transportation Authority is buried under a $48 billion mountain of debt — and paying it off threatens to undermine the agency’s core function: running mass …
player.fm
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$48B In Debt Is Crushing The NYMTA - The Overhead Wire
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$48B in Debt is Crushing the NYMTA. Gothamist New York’s Metropolitan Transportation Authority is buried under a $48 billion mountain of debt — and paying it off threatens to …
theoverheadwire.com
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What Would It Take To Fix The MTA's Money Problem? : R/nycrail
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It's the debt. Nearly 20% of the operating budget goes to debt service. By 2030, $5 billion a year will be going to debt service. That's more the entirety of NYCT fare revenue. It isn't …
reddit.com
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The MTA’s Debts Have Ballooned. Here’s How That Could Hurt …
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Nov 17, 2022 · Of that borrowing, the amount of outstanding long-term debt has increased from $25.8 billion in 2010 to $35.4 billion in 2019 (a 37% increase) and spiked an additional 13% to …
crainsnewyork.com
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MTA Can’t Borrow Its Way Out Of Hochul’s Capital Plan Gaps: …
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Oct 23, 2024 · Borrowing the $15 billion needed for the current capital plan with fare-backed bonds instead of with the long-expected congestion pricing money could hit riders with a …
streetsblog.org
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A $48 Billion Debt Is Crushing The MTA. Paying It Off Could Disrupt …
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A $48 billion debt is crushing the MTA. Paying it off could disrupt the future of NYC transit. A $48 billion debt is crushing the MTA. Paying it off could disrupt the future of NYC transit. Get …
ground.news
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New Yorkers To Face New Taxes As MTA Confronts $33 Billion …
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6 days ago · NEW YORK - New York lawmakers returned to Albany Wednesday faced with the daunting task of finding more cash for the MTA. New taxes and fees are needed to fill a $33 …
cbsnews.com
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News: A $48 Billion Debt Is Crushing The MTA. Paying It Off Could ...
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264 subscribers in the CTAUpdates community. Chicago Transit Authority service updates to its bus/rail services
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More Taxes Could Slam New Yorkers Over MTA Budget Shortfall
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23 hours ago · It’s also meant to encourge the use of the city’s public transit system, and fund around $15 billion of MTA improvements. As of January 5, commuters are paying a $9 toll for …
kiplinger.com
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"If Ridership Flatlines At 60%, MTA Is Looking At A Further $6 Billion ...
2 weeks from now
DC Metro: $2.25- $6.00 pay per ride. $13.00 one day pass. $58.00 one week pass SF BART: $2.15- as much as $13.00 one-way ride. The average is $3.78, but BART is more like …
reddit.com
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Gov. Healey Unveils $8B Plan To Rescue Mass Transportation
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20 hours ago · The T is also on the hook for debt plus interest from money it borrowed to pay for construction projects, including about $4 billion from projects it was required to take on for …
bostonglobe.com
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